ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Sees Significant Growth in Short Interest

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 7,507 shares, an increase of 132.9% from the July 30th total of 3,223 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 13,695 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On ClearShares Ultra-Short Maturity ETF

A hedge fund recently raised its stake in ClearShares Ultra-Short Maturity ETF stock. JPMorgan Chase & Co. boosted its position in shares of ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) by 128.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,989 shares of the company’s stock after buying an additional 3,373 shares during the period. JPMorgan Chase & Co. owned approximately 0.44% of ClearShares Ultra-Short Maturity ETF worth $600,000 as of its most recent SEC filing.

ClearShares Ultra-Short Maturity ETF Stock Down 0.2%

OPER stock traded down $0.24 during mid-day trading on Friday, hitting $100.04. The company had a trading volume of 2,692 shares, compared to its average volume of 11,788. The company has a 50-day moving average price of $100.20 and a 200 day moving average price of $100.19. ClearShares Ultra-Short Maturity ETF has a 12-month low of $99.88 and a 12-month high of $100.47.

About ClearShares Ultra-Short Maturity ETF

The ClearShares Ultra-Short Maturity ETF (OPER) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio seeking current income by investing primarily in repurchase agreements, with a portfolio maturity of less than one year. OPER was launched on Jul 11, 2018 and is managed by ClearShares.